You maybe right, but the 11 cent divi probably means they short it lower + a bit more while their at it, to compensate. Last Friday in line with the hype from the H1 23 report, shorts piled on at $4.79 and as of yesterday close have punched it down 62 cents, thus paying 11 cents to the beneficial owner (lender), net profit is still 51 cents less lenders fee. However, how do they deal with the franking credits, as if my calculations are correct, the grossed up yield is 15.7 cents. I guess they have a formula for that....
You maybe right, but the 11 cent divi probably means they short...
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$3.11 |
Change
-0.090(2.81%) |
Mkt cap ! $9.360B | |||
| Open | High | Low | Value | Volume |
| $3.15 | $3.17 | $3.06 | $206.5M | 66.15M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 212414 | $3.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 1870994 | 18 |
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| PLS (ASX) Chart |